Latest Business News

$12 billion, 14,000 jobs, 33 new companies: Nevada’s economic recovery by the numbers

Steve Hill, with the Governor's Office of Economic Development, answers questions on the Senate floor during the second day of a special session at the Nevada Legislature, Thursday, Sept. 11, 2014,  in Carson City, Nev.  Lawmakers are  considering an unprecedented package of up to $1.3 billion in incentives to bring Tesla Motors' $5 billion battery factory to the state.

It’s been three years since Gov. Brian Sandoval unveiled plans to remake Nevada’s economic development efforts, launching a Governor’s Office of Economic Development and ...

4 buddies did unheard of in ‘World Series’ of NFL betting

If there's a secret to how four buddies managed to beat the house 76 percent of the time during the NFL's regular season to win a record-setting ...

Meet the top 5 donors to Nevada state political campaigns

A well-connected Republican PAC, casinos and a gun control group funded by former New York City Mayor Michael Bloomberg were among the top five entities that ...

Judge says Caesars bankruptcy case will proceed in Illinois

An exterior view of Caesars Palace, June 6, 2013.

A federal judge in Delaware ruled Wednesday that the Chapter 11 case of casino giant Caesars Entertainment Corp. will proceed in Illinois, denying a motion by several ...

Judge ready to rule on venue for Caesars bankruptcy case

An exterior view of Caesars Palace on Thursday, June 6, 2013.

A Delaware judge is set to rule on whether the Chapter 11 case of casino giant Caesars Entertainment Corp. should proceed in Delaware or in Illinois. After hearing final arguments Tuesday, the judge said he would rule on Wednesday. Several creditor groups want the case to proceed in Delaware, where they filed ...

Nevada unemployment rate dips to 6.8 percent in December

Nevada’s unemployment rate last month dropped to 6.8 percent, its lowest since June 2008 and down from 9 percent in December 2013. The rate was also down from ...

Gaming lobby entering debate on Obama’s pick for attorney general

President Barack Obama listens at right as U.S. Attorney Loretta Lynch speaks in the Roosevelt Room of the White House in Washington on Saturday, Nov. 8, 2014, where the president announced he would nominate Lynch to replace Attorney General Eric Holder.

Seeking a federal crackdown on illegal gambling, the gaming industry’s leading Capitol Hill lobby is wading into the debate over President Obama’s pick to be ...

Las Vegas philanthropists to meet to talk strategies, successes

About 150 philanthropists will gather Feb. 6 for the fourth annual Philanthropy Leaders Summit at Las Vegas City Hall. The agenda will include local and national speakers sharing new and time-honored fundraising and operating strategies. ...

2014 not a robust year for Las Vegas homebuilders

A KB Home roof is tiled during the Super Saturday sales event at the master-planned community of Inspirada on Saturday, Oct. 4, 2014.

Las Vegas homebuilders, after bouncing back strong from the recession, had a lackluster 2014. Sales volume dropped hard, prices were volatile, and after ramping up construction plans in the first half of the year, developers pulled back sharply ...

Las Vegas limo company gets $200,000 fine for shorting its workers

A Las Vegas limousine company has been fined $232,317 for illegally withholding pay from nearly 500 employees. An investigation found that limousine and shuttle bus service Executive Las Vegas made improper ...

Protesters to rally against high payday lending fees

With federal regulators scrutinizing payday lenders, activists in Las Vegas and across the country will take to the streets to protest an industry known for its sky-high fees. The Progressive Leadership Alliance of Nevada plans to ...

Scientific Games moving headquarters to Las Vegas after Bally merger

Gambling technology company Scientific Games said today that it’s moving its corporate headquarters from New York to Las Vegas. Nevada gaming regulators approved ...

Golden Gaming to take over Maryland casino in merger with Minnesota company

Blake Sartini in the Gold Bar, a private enclave in Golden Gaming headquarters, on Thursday, Feb. 2, 2012.

Golden Gaming is growing again — this time beyond state lines. The Nevada tavern and slot route operator announced ...

Attorneys battle over venue for Caesars bankruptcy case

In this Monday, Jan. 12, 2015, photo, a man takes pictures of Caesars Palace in Las Vegas.

A court battle over whether the bankruptcy case of casino giant Caesars Entertainment Corp. should proceed in Delaware or in Illinois was postponed Monday because of a snowstorm bearing down on the East Coast. The judge presiding over ...

Mattel CEO resigns, toy maker results miss expectations

This Thursday, April 26, 2007, file photo shows Mattel company headquarters in El Segundo, Calif. Mattel on Monday, Jan. 26, 2015 said CEO Bryan Stockton has resigned after about three years of leading the struggling maker of Barbie dolls and Hot Wheels cars. (AP Photo/Reed Saxon, File)

Mattel Chairman and CEO Bryan Stockton has resigned after the struggling maker of Barbie dolls and Hot Wheels cars reported fourth-quarter results that fell far short of analyst expectations. Shares of the El Segundo, California, company slipped in Monday morning trading. The company said longtime board member ...